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2410U8461 <br />shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not <br />apply in the case of acceleration under Section 18. <br />20. Sale af Note; Change of Laan Servicer; Notice of Grievance. The Note or a partial interest in <br />the Note (together with this Security Instrument) can be sold one or mora times without prior notice to <br />Borrower. A sale might result in a change in the entity (known as the "L.oan Servicer") that collects <br />Periodic Payments due under the Note and this Security Instzvment and performs other morCgage loan <br />servicing obligations under the Note, this Security Instrurnent, and Applicable Law. There also might be <br />one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan <br />Sezvicer, Borrower will be given written notice of the change which will state the name and address of the <br />new L.aan Servicer, the address to which payrnents should be nnade and any other information RESPA <br />requires in cannection with a notice of transfer of servicing. If Che Note is sold and thereafter the Loan is <br />serviced by a Loan Servicer other than the purchaser of the Noce, the mortgage loan servicing obligations <br />ta Borrawer will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not <br />assumed by the Note purchaser unless otherwise provided by the Note purchaser. <br />Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an <br />individual litigant or the rnernber of a class) that arises from the other party's actions pursuant to this <br />Security Instrurnent or that alleges that the other party has breached any provision of, or az�y duty owed by <br />reason of, this Security Instrument, until such Borrower or I.,ender has notified the other party (with such <br />noti.ce given in compliance with the requirements of Section 15) af such alleged breach and afforded the <br />other pariy hereto a reasonable period after the giving of such notice to take corrective action. If <br />Applicable Law provides a time period which must elapse before certain action can be taken, That tirne <br />period will be deemed tn be reasonable for purposes of this paragraph. The notice of acceleration and <br />oppornuuty to cure given ta Borrower pursuant to Section 22 and the notice of acceleratiozt given to <br />Barrower pursuant to Section 18 sha11 be deerned to satisfy the notice and opportunity to take correctivs <br />action provisions of this Section 20. <br />21. Hazardous Substances. As used in this Section 21: (a) "Hazardaus Substances" are those <br />substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the <br />following substances: gasoline, kerosene, other �lammable ar toxic petroleum products, toxic pesticides <br />and herbicides, volatile solvents, materials containing asbestos ar fomlaldehyde, and radioactive znaterials; <br />(b) "�nvironmental Law" means federal laws and laws of the jurisdiction where the Property is located that <br />relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response <br />action, remedial action, ar rernoval action, as de#�ined in Environmental Law; and (d) an "Environrnental <br />Condition" means a condition that can cause, contribute ta, or otherwise trigger an Environtnental <br />Cleanup. <br />Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous <br />Substances, ar threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, <br />nor allow anyone else to da, anything affecting the Property (a) that is in vialation of any Environmental <br />Law, (b) which creates an Enviro�ental Condition, or (c) which, due to the presence, use, or release of a <br />Hazardaus Substance, creates a condition thac adversely affects the value of the Property. The preceding <br />two sentences shall not apply to the presence, use, or storage on the Property of srnall quantities of <br />Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to <br />maintenance of the Property (including, but not limited to, hazardous substances in consumer products). <br />Borrower shall prornptly give Lender written notice of (a) any investigation, claim, deznand, lawsuit <br />or other action by any govertunental or regulatory agency or private party involving the Property and any <br />Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any <br />Environmental Candition, including but not limited to, any spilling, leaking, discharge, release or threat of <br />release of any Hazardous Substance, and (c) any condition caused by the presence, use or release of a <br />Hazardous Substance which adversely affects the value of the Property. If Borrower learns, or is notified <br />NEBRASKA - 5ingle Family - Fannie MaelFraddie Mac UNIFORM INSTRUMENT <br />�-s�N�) 10811) Page 12 of 15 Initials: <br />� <br />1 �� C � , � Form 3028 1/01 <br />' V•V' <br />� 1a � !1 9� :! � !; <br />